II-VI Incorporated to Acquire Finisar, Creating Transformative Strategic Combination with Leading Positions in Photonics and Compound Semiconductors

摘要

1. Strategic combination expected to drive significant value creation through increased scale, broadened technological base, complementary product roadmaps, and leadership positions in fast-growing markets; 2. $150 million of expected run-rate cost synergies realized within 36 months of close; 3. Transaction expected to drive accretion in Non-GAAP earnings per share for the first full year post close of approximately 10% and more than double that thereafter; 4. II-VI and Finisar to host conference call today at 8:00 AM ET to discuss transaction.